Tag Archives: Federal Open Market Committee

Federal Reserve policymakers have backed away from the need for another round of monetary stimulus as the U.S. economy gradually improves. Minutes of the central bank’s meeting published on Tuesday showed only two of the policy-setting Federal Open Market Committee‘s ...

Ben Bernanke presided over his first meeting as Federal Reserve chairman in March 2006 believing the nation’s economy could pull off a “soft landing” from falling home prices. Three months later, Bernanke had begun to grasp that he and others ...

Ben Bernanke and his buddies at the Federal Reserve have half the economic equation right. But the half they’ve got wrong could turn out to be quite costly. In the Federal Open Market Committee statement released Nov. 3, the Fed ...

During the 1980 presidential campaign, Ronald Reagan said, “Recession is when your neighbor loses his job. Depression is when you lose yours.” From December 2007 to August of this year, private payrolls declined by 7.7 million. So, millions of people ...